Sourcing Matrix - Strategic
Mapping items across these axes results in four quadrants, each requiring a unique procurement management style: Kraljic Matrix Explained | Fractory
This dimension measures the financial significance of the product or service. It includes: strategic sourcing matrix
These items aren't expensive, but if you don’t get them, your assembly line stops. Supply is controlled by a few suppliers who know you are desperate. This is the danger zone where profits get eroded by sudden logistics fees. Mapping items across these axes results in four
This is the CEO's territory. These items define your product. If you fail here, the company fails. These require deep, long-term relationships, not transactional contracts. but if you don’t get them
You don't need expensive software to start. Grab a whiteboard.